The London Daily News

Property News

A deal worth £300 million for an acre of land in Chelsea has underlined the voracious appetite amongst institutional investors to build prime residential developments in some of the capitals most exclusive areas.  

Orion Capital Management a European hedge fund, is reported ...

Property News Desk

Supply of affordable housing in London is becoming acute according to a new survey showing that construction is running at 15,000 units per year, in comparison to the 30,000 units needed to keep up with demand.

According to Clive Paine ...

Property News Desk

Home owners are being warned that repossessions are soaring with a 15 per cent jump in the first quarter of 2011, according to the Council of Mortgage Lenders.

9.100 were repossessed by banks this year, compared with 7.900 in the same ...

News Desk- photo's by Natalie Mitrides

London will see 50,000 new affordable homes built by 2012 according to Mayor of London Boris Johnson who launched a new campaign to help Londoners find affordable homes on the internet.

City Hall have confirmed that ...

Property News Desk

A scheme is in place to encourage growth of new build housing schemes with house builders aiming to construct affordable homes, on government land in a ‘build now pay later scheme’ which aims to create up to 266,000 homes.

The ‘build now pay ...

City News Desk

The residential market in London is set to see a record £5 billion investment from international investors according to reports in the Financial Times, sparking speculation that London could see a renewed property boom.

The target of the £5 billion investment will be ...

Property News Desk

Drops of up to 10pc are expected to be recorded in property prices, representing the lowest level since 2004, following research by the Halifax in December.

Property prices have dropped 1.3 pc, an average of more than £2,000 to £163,435 in the period ...

City News Desk

Despite job losses in financial services, office rents in the "Square Mile" have gone up by 25 per cent according to Drivers Jonas Deloitte, with rents now at £55 per sq ft, representing the largest increase in City rents for 22 years.

The ...